Blue Cube Security Announces Record Performance

Blue Cube Security (Blue Cube), one of the UK’s largest independent IT and Cyber Security solutions provider, today reported a record total revenue figures of almost £19.5m for its last financial period.

Chris Core, Finance Director, Blue Cube comments: “The 18 month period to 30 June 2018 was a spectacular financial period for the Company. The revenue figure came with a profit margin of 15.9%. The profitability is reflected in the liquidity ratio of 1.12 and equity gearing at 250%, meaning that the company is better placed to take advantage of business opportunities than at any time in its history.”

We are excited to announce that the past 18 months have been an outstanding period of change and growth for Blue Cube.

Gary Haycock-West, Chief Executive Officer, Blue Cube comments: “Over the last 18 months, every team within the business has doubled or more in size. Our sales academy is now well established, and we have graduates who have progressed into a newly created mid-market team that sits between the current academy and enterprise teams. We also have a solid leadership team, all holding different experience, that helps guide us a company to meet our business goals. With this solid foundation, we are confident we offer our customer base a coherent service.

In 2018 the company launched its dedicated Professional and Managed service team, Cynergy. The team are highly technically accredited within the core partner portfolio and hold leading market knowledge of the Cyber Security threat landscape enabling them to guide customers and prospects to stay protected.

Blue Cube’s latest strategic move is becoming a Consulting Partner within AWS and is currently working on onboarding with all the main Cloud providers to remain agile in line with market needs. We have also incorporated ISO 27017, the code of practice for information security controls for cloud services, as a part of our ISO 27001 status.

Haycock-West concludes: “Growth hasn’t stopped. We are just about to launch another recruitment drive across the sales team and for a newly created role to manage our Cloud offering. We have significant opportunities ahead of us with further growth plans to match.”

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